Plimoth Trust Co. LLC Sells 50 Shares of Honeywell International Inc. (NASDAQ:HON)

Plimoth Trust Co. LLC cut its position in Honeywell International Inc. (NASDAQ:HON) by 1.1% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 4,388 shares of the conglomerate’s stock after selling 50 shares during the period. Plimoth Trust Co. LLC’s holdings in Honeywell International were worth $991,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently made changes to their positions in the company. Teachers Insurance & Annuity Association of America purchased a new position in shares of Honeywell International in the third quarter valued at $25,000. Reston Wealth Management LLC purchased a new position in shares of Honeywell International in the third quarter valued at $29,000. Hoese & Co LLP purchased a new position in shares of Honeywell International in the fourth quarter valued at $30,000. Financial Avengers Inc. grew its position in shares of Honeywell International by 48.1% in the third quarter. Financial Avengers Inc. now owns 154 shares of the conglomerate’s stock valued at $32,000 after purchasing an additional 50 shares in the last quarter. Finally, Planning Capital Management Corp grew its position in shares of Honeywell International by 96.4% in the third quarter. Planning Capital Management Corp now owns 165 shares of the conglomerate’s stock valued at $34,000 after purchasing an additional 81 shares in the last quarter. 75.91% of the stock is currently owned by institutional investors.

Honeywell International Price Performance

Shares of HON traded up $1.62 during midday trading on Wednesday, reaching $222.32. The stock had a trading volume of 174,171 shares, compared to its average volume of 3,560,150. Honeywell International Inc. has a 12-month low of $189.66 and a 12-month high of $242.77. The company has a current ratio of 1.44, a quick ratio of 1.12 and a debt-to-equity ratio of 1.44. The company’s 50-day moving average is $226.17 and its 200 day moving average is $214.98. The company has a market capitalization of $144.56 billion, a price-to-earnings ratio of 25.68, a price-to-earnings-growth ratio of 2.56 and a beta of 1.06.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the company. Wells Fargo & Company reduced their price target on Honeywell International from $254.00 to $240.00 and set an “equal weight” rating for the company in a research report on Tuesday, January 7th. Barclays boosted their target price on Honeywell International from $255.00 to $260.00 and gave the stock an “overweight” rating in a research report on Friday, January 17th. Jefferies Financial Group boosted their target price on Honeywell International from $220.00 to $260.00 and gave the stock a “hold” rating in a research report on Tuesday, December 17th. UBS Group restated a “buy” rating and set a $298.00 target price (up from $215.00) on shares of Honeywell International in a research report on Wednesday, November 13th. Finally, Citigroup reduced their target price on Honeywell International from $268.00 to $266.00 and set a “buy” rating for the company in a research report on Monday, January 13th. Eleven analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, Honeywell International presently has an average rating of “Hold” and an average price target of $248.29.

Honeywell International Profile

Honeywell International Inc engages in the aerospace technologies, building automation, energy and sustainable solutions, and industrial automation businesses in the United States, Europe, and internationally. The company’s Aerospace segment offers auxiliary power units, propulsion engines, integrated avionics, environmental control and electric power systems, engine controls, flight safety, communications, navigation hardware, data and software applications, radar and surveillance systems, aircraft lighting, advanced systems and instruments, satellite and space components, and aircraft wheels and brakes; spare parts; repair, overhaul, and maintenance services; and thermal systems, as well as wireless connectivity services.